SANTA CLARA — New housing data shows 2021’s feverish home sales pace broke a yearly record in October, even as fall sales activity followed steadier seasonal patterns. With last month marking the eighth straight month of buyers snatching up homes more quickly than the fastest pace in previous years and fewer new sellers entering the market than […]
Real Estate
Healthpeak Properties to Build Vantage Campus for Life Sciences
Healthpeak Properties, Inc. has unveiled the initial phase of its Vantage campus for life sciences in South San Francisco following strong leasing activity and demand at The Shore at Sierra Point and Nexus on Grand. The project (rendering above) is expected to break ground in the fourth quarter of 2021 with an anticipated completion in […]
Urban Catalyst Files Application for 497-Unit San Jose Building
SAN JOSE — Urban Catalyst has submitted a formal application this week with city planning officials for a 497-unit housing development in downtown San Jose, in partnership with local architect and entrepreneur Thang Do, CEO of Aedis Architects. The Apollo project (rendering above) will bring an 18-story residential high rise to 32 Stockton Ave., at […]
Rents in Tech Hubs Make Comeback
SANTA CLARA — From Broadway lights to bustling offices, big cities are back – and so are surging downtown rental prices. Following sharp declines during the pandemic, September data shows rents in the 10 biggest U.S. tech cities like Austin and New York surpassed March 2020 levels by an average of 6.3%, according to the Realtor.com Monthly Rental Report. Nationally, rents grew […]
Median California Home Price Drops to $808,890
California home sales closed out the third quarter by reversing a four-month decline and posting the largest monthly increase in more than a year, according to a monthly report for September by the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of […]